{"id":12058,"date":"2016-10-14T07:24:25","date_gmt":"2016-10-14T07:24:25","guid":{"rendered":"http:\/\/legalraasta.com\/blog\/?p=12058"},"modified":"2026-04-03T17:53:27","modified_gmt":"2026-04-03T12:23:27","slug":"producer-company","status":"publish","type":"post","link":"https:\/\/www.legalraasta.com\/blog\/producer-company\/","title":{"rendered":"Know all about Producer Company"},"content":{"rendered":"

A Producer Company<\/a>\u00a0(PC) is a relatively new legal entity that includes only certain categories of persons viz., agricultural produce, forest produce, artisan products, or any other local produce, where the members are primary producers. It is as a legal entity was enacted in 2003 as per section IX-A of the Indian Companies Act 1956.\u00a0<\/span><\/p>\n

Formally, a company registered as a Producer Company under the Companies Act, 1956 shall relate to any of the following activities classified broadly:-<\/strong><\/p>\n

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  1. Production, harvesting, processing, procurement, grading, Pooling, handling, marketing, selling, export of primary produce of the Members or goods or services for their benefit.<\/span><\/li>\n
  2. Rendering technical services, consultancy services, training, education, research and development, and all other activities for the interest of the members<\/span><\/li>\n
  3. Generation, transmission, and distribution of power, revitalization of land and water resources, their use, conservation and communications related to primary produce.<\/span><\/li>\n
  4. Promoting mutual assistance, welfare measures, financial services, insurance of producers or their primary produce.<\/span><\/li>\n<\/ol>\n
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